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Al Ahly to deliver 2 residential projects in New Cairo 2019-end
Egypt’s Al Ahly for Real Estate Development Company is planning to deliver two residential flagships in Mostakbal…
Egypt faces borrowing crunch as foreign debt market sours
After shying away from the international financial market, Egypt may well be forced by heavy funding needs to tap…
Egypt’s current account deficit narrows by 58.6% in 2017-18: c.bank
Egypt’s current account deficit for the 2017-18 financial year that ended in June narrowed by 58.6 percent to $6…
Cairo bourse’s property sector falls 27%, makes up 13% of turnover in Q3
The Egyptian Exchange’s (EGX) real estate sector suffered a sharp decline of 26.6 percent during the third quarter…
Egypt sells 904 mln pounds of T-bonds after cancelled auctions
Egypt sold 904 million Egyptian pounds ($50.6 million) worth of three- and seven-year treasury bonds on Monday…
Egypt parliament gets down to business Tuesday
Egypt’s parliament will begin its fourth legislative session on Tuesday. Article 115 of Egypt's 2014 constitution…
Egypt, Sudan to complete power grid link project in 3 months
Egypt and Sudan will complete their 150 megawatt electricity grid link project in three months, official sources in…
Four contractors get $39 mln in compensations – Egypt’s EFCBC
Four construction firms have received 700 million Egyptian pounds ($39.1 million) in compensations from four…
Egygab to market Granda El Shorouk I – final phase next month
Egypt’s property developer Egygab Holding is planning to market the final phase of its flagship Granda I in El…
Abou Ghaly Motors expects car sales to reach 175,000 by year end
The volume of car sales will reach 175,000 by the end the current year with a growth rate of 35 percent compared to…